Grainger Daily Sales Grow 16% in April - Modern Distribution Management

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Grainger Daily Sales Grow 16% in April

Excluding acquisitions and foreign exchange, daily sales were up 8% for Grainger.
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Chicago-based Grainger (NYSE: GWW) reported sales for the month of April 2010 were up 16 percent from April 2009. Results for the month included a 5 percentage point positive contribution from acquisitions and a 3 percentage point contribution from foreign exchange.

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Excluding acquisitions and foreign exchange, daily sales for the company increased 8 percent.

By segment, the U.S. sales were up 8 percent, Canada sales were up 43 percent (17 percent in local currency) and Other Businesses up 270 percent (including acquisitions in Japan and India).

W.W. Grainger, Inc. with 2009 sales of $6.2 billion is a broad line supplier of maintenance, repair and operating products.

Benchmark  with Adam Fein's 2010 Wholesale Distribution Economic Reports

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